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To: yard_man who wrote (61345)9/13/1999 7:06:00 AM
From: Rambi  Read Replies (1) | Respond to of 86076
 
Tip-
Ran across this at Briefing.com--

''Even though oil prices are nearly double where they were from $11 a barrel, it just leaves them back at more normal levels,'' said Donald Selkin, chief market strategist at Joseph Gunnar & Co. in New York.

Selkin said the country's fortunes have shifted as technology has become more important, making the pain from higher oil prices less burdensome to the economy. ''We're so much less energy-dependent than 25 years ago. Even if oil prices go higher, so what? Technology stocks are where the economy is going,'' he said.


Oil prices don't matter anymore. Nothing matters anymore. Tech is god.